The Western Union Company is an American financial services corporation with roots dating back to 1851, when the New York and Mississippi Valley Printing Telegraph Company was established in Rochester, New York. The company evolved into Western Union Telegraph Company in 1856 following the consolidation of several telegraph businesses, with Hiram Sibley, Samuel L. Selden, and other early telegraph entrepreneurs playing important roles in its formation and expansion. Western Union introduced its consumer-to-consumer money transfer service in 1871, marking the beginning of its long-standing role in the global remittance industry. Today, Devin McGranahan serves as President and Chief Executive Officer of The Western Union Company.
Western Union operates in the money transfer, cross-border payments, remittances, digital financial services, and payment solutions sectors. The company enables individuals and businesses to send and receive money internationally through a combination of physical agent locations and digital platforms, with services available across more than 200 countries and territories. Its modern financial services portfolio includes international money transfers, bill payments, digital transactions, and other cross-border payment solutions, positioning Western Union as a long-established brand in the global money transfer and financial services industry.
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